https://www.taxtmi.com/caselaws?id=387340 The Tribunal allowed redemption of gold biscuits seized from a USA Citizen at Hyderabad airport under suspicion of smuggling. Despite the confiscation and penalty upheld under Sections 111(d) and 112(b)(i) of the Customs Act, 1962, the appellant was granted redemption on payment of a fine of Rs. 2,50,000. The penalty of Rs. 1,50,000 was upheld due to the appellant's lack of awareness about customs regulations, although she cooperated during the investigation. The Tribunal considered relevant case laws but based its decision on the specific circumstances of the case. en-us Thu, 17 Oct 2019 00:00:00 +0530 Fri, 28 Feb 2020 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=387340 The Tribunal allowed redemption of gold biscuits seized from a USA Citizen at Hyderabad airport under suspicion of smuggling. Despite the confiscation and penalty upheld under Sections 111(d) and 112(b)(i) of the Customs Act, 1962, the appellant was granted redemption on payment of a fine of Rs. 2,50,000. The penalty of Rs. 1,50,000 was upheld due to the appellant's lack of awareness about customs regulations, although she cooperated during the investigation. The Tribunal considered relevant case laws but based its decision on the specific circumstances of the case. Case-Laws Customs Thu, 17 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=387340